How to entice right

ENAR

One of the greatest challenges facing the Middle East is also one of the most underappreciated: how to attract and retain human capital. This is a real impediment to the strategic plans of some Middle East countries, particularly those in the GCC. They are making the transition away from resource based economies to knowledge based industries, and those industries rely mainly on human capital. Prominent among those industries are premium professional services firms. These firms, including our own, can make a major contribution in repatriating human capital. Their strong values, global connections and clear opportunities draw highly skilled and well educated emigrants back to the region — often to stay. We do not underestimate the factors that make it challenging to repatriate the region’s human capital. The most obvious is the legitimate concern about political instability. Another discouraging factor is the incomplete nature of the business environment. Concerns about the